366-368 W San Marcos Blvd, San Marcos, CA 92069
Investment Highlights
This asset has the opportunity to obtain sub 3% interest rates by adding points up front. A great opportunity for any long term investor who is looking to capitalize on historically low interest rates.
RUBS are incorporated in each individual lease. Per the Leases 90% of utilities including Water/Sewer, Trash, Pest Control, Electric and Gas are charged backed to the tenant.
Just completed, fully renovated in 2020 with approx. 50k in renovations per unit. Ask the listing agent for the Matterport scans.
Parcel Number: 220-150-10
Units: 4
Property Size: +/-4,338 SF (+/-10,717 SF Lot)
Year Built: 1994
Fully Renovated: 2020
Price: $1,995,000
ALL UNITS INCLUDE Gas Stove, Refrigerators, Dishwashers, Garbage Disposals, Central Heating
PARKING Available Onsite, which Includes Covered Spaces
EMPLOYMENT RATE San Marcos Unemployment Rate-3.2%
The U.S. Average 3.9%
FUTURE JOB GROWTH Over the Next 10 Years is Predicted to be 38.4%. The U.S. Average is Predicted to be 33.5%
DOWNTOWN SAN MARCOS Close to Downtown, which Offers Entertainment, Restaurants, and Services
GREAT FREEWAY ACCESS
Close Proximity to Hwy 78 and I-15
CAL STATE SAN MARCOS & PALOMAR COLLEGE
Easy Biking Distance to All Three Properties
FAMILY FRIENDLY LOCATION
Close to Multiple Parks, Schools, Health Care Providers, the San Marcos Education Center, Gymnasium, Library, and More
ABUNDANT RETAIL
A Short Drive to Large Big Box Retailers
Contact Pacific Coast Commercial Agents (619) 469-3600
WESTON CARD
Multifamily & Investment Sales
Lic. 02013338
Pacific Coast Commercial
Tel (619) 469-3600
10721 Treena Street, Suite 200 San Diego, CA 92131
www.PacificCoastCommercial.com
Lic. 01209930
The information contained herein has been given to us by the owner of the property or other sources we deem reliable, we have no reason to doubt its accuracy, but we do not guarantee it. All information including zoning and use should be verified prior to purchase or lease.
